The Latest Breaking News from Business

A higher US dollar isn't great news for global trade, but some Australian businesses are able to benefit and travellers have reason to smile as well.

The average mortgage borrower will be paying $760 a month more than they were just five months ago, if the Reserve Bank hikes interest rates as expected today, with existing borrowers slugged harder than newer customers.

World-renowned contrarian investor Marc Faber says the failure of central banks to start raising interest rates sooner will lead to recession and an implosion in asset prices.

The six-time Grand Slam tennis champion denies the charges.

Australia's economy just posted its equal-best quarter of economic growth in nearly 46 years as it bounced back from the east-coast Delta lockdowns. But not everyone is cheering, with rising costs and supply shortages still hitting many businesses and consumers.

Shadow business minister Seema Malhotra raised concerns over the level of inflation as well as ‘spiralling’ energy costs.

The first meeting of the Steel Council for five months took place as sector bosses and union leaders urged Business Secretary Kwasi Kwarteng to help the industry with energy costs and cutting emissions

Charles Banner QC claims the "pettiness and vindictiveness" of British Airways staff sparked the incident after his family were all booted off after their nanny was downgraded to economy

The Omicron COVID wave is hitting some Australian business owners who were hoping for a fresh start in 2022. But many are beating the pandemic odds, and thriving.